Grifter in Chief

Company backed by Donald Trump Jr.’s firm nabs $620M government contract

Vulcan Elements, a rare-earth magnets startup backed by Donald Trump Jr.’s VC firm 1789 Capital, has secured a $620 million contract from the U.S. Department of Defense, as reported by the Financial Times.

Trump Jr. joined 1789 Capital as a partner in 2024. The firm is said to have invested in Vulcan Elements around three months ago, according to Bloomberg. In August, the company announced a $65 million Series A led by Altimeter Capital.

Trump Jr.-Backed Company Cashes In on Massive Pentagon Contract 

A start-up funded by a Donald Trump Jr.-backed venture capital firm has been awarded a $620 million contract from the Pentagon, reports the Financial Times.

Vulcan Elements, a small rare earths start-up, will receive the funds as part of a larger deal from the Defense Department. This $620 million loan is the largest made by the Pentagon’s Office of Strategic Capital.

When the true scale of Trumpian corruption eventually becomes apparent, and that might take years, this will be the biggest story of the Trump regime. These rich pieces of shit are literally taking money out of all of our pockets and enriching themselves.

Trump’s only business - ever - has been money laundering for the Epstein Class, every dumb, baffling, creepy, hateful thing he produces makes perfect sense.